Tagged: fintech

May 17, 2018 @ 12:04 pm By Erin Hobey  |  

Jirnexu is in the money, as the old song goes. The Kuala Lumpur-based financial services provider has nabbed US$11 million in a Series B finding round led by SBI Group and new investor SIG Asia Investments, according to Tech in Asia. The new funding will be… Read More

May 16, 2018 @ 1:22 pm By Samantha Hurst  |  

India-based banking group Emirates NBD announced on Wednesday it has joined forces with fintech platform CCRManager to further strengthen trade finance capabilities. According to the bank, the partnership announcement aligns with its digital strategy as it seeks to lead innovation in digital banking in the… Read More

May 16, 2018 @ 11:24 am By Samantha Hurst  |  

On Wednesday, Danske Bank announced it has invested millions in and has become the co-owner of the Danish fintech firm, Spiir. Founded in 2011 by Rune Mai and Gudmundur Hreidarsson, Spiir provides customers a platform for their personal finances. Its purpose is to make personal budgets both fun and… Read More

May 16, 2018 @ 8:59 am By Samantha Hurst  |  

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, announced on Wednesday that a billion dollar, global manufacturer of private label apparel products has signed to implement ARC, Versapay’s proprietary accounts receivable… Read More

May 15, 2018 @ 1:49 pm By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday it has formed a multi-year partnership with Premier Community Bank to bring technology solutions to Homeowner Association (HOA) management customers. According to AvidXchange, through the new partnership, Premier… Read More

May 11, 2018 @ 2:00 pm By Samantha Hurst  |  

Just a couple of months after launching Coin Jar, UK fintech Monzo announced that users have saved more than £1 million by using the feature. The feature allows users to create a “pot” and calling it “Coin Jar”, the user can save small amounts of money automatically,… Read More

May 11, 2018 @ 10:15 am By Samantha Hurst  |  

On Friday, Fintech Scotland announced its inaugural chairman and its new strategic partners. According to the organization, these appointments were confirmed at the joint Scottish Government and industry Financial Services Advisory Board (FiSAB) meeting chaired by the First Minister, Nicola Sturgeon and Chair of Scottish Financial… Read More

May 10, 2018 @ 1:00 pm By Samantha Hurst  |  

Robinhood, a Fintech broker firm, announced on Thursday it secured $363 million through its Series D funding round to expand its product lineup. The funding round was led by DST Global with participation from new investors  Iconiq, Capital G, Sequoia Capital, and KPCB. Existing investors… Read More

May 10, 2018 @ 12:00 pm By Samantha Hurst  |  

Canada fintech startup, Mylo Financial Technologies (Mylo) announced earlier this week the launch of its mobile fundraising platform, Round Up to Give. The platform, in partnership with CanadaHelps’ online donation platform, is to make it possible for customers to donate spare change directly from their… Read More

May 9, 2018 @ 10:39 am By Samantha Hurst  |  

Less than a month after launching its global cryptocurrency API solution, Galileo, a U.S.-based payments processors and program management firm,  announced on Tuesday the launch of its new securities solution assist asset managers, registered investment advisors, broker-dealers, wealth managers and robo-advisors to build world-class financial products that… Read More

May 8, 2018 @ 3:56 pm By Samantha Hurst  |  

Q2, a Texas-based digital banking solution provider, announced on Tuesday the launch of its new card-enabled payment solution, Biller Direct. The company reported that the payment solution designed to consolidate and present direct biller relationships and provide a new revenue model for financial services providers…. Read More

May 8, 2018 @ 3:22 pm By Samantha Hurst  |  

Middle East alternative asset management firm Gulf Capital announced on Monday it has acquired a strategic stake in Saudi Arabia fintech, Geidea. According to the company, this deal with Geidea is claimed to be the largest acquisition in the Saudi Fintech sector to date and the… Read More

May 8, 2018 @ 10:43 am By Samantha Hurst  |  

Swedish fintech platform iZettle announced on Tuesday its plan to proceed with an initial public offering (IPO) or and to list its shares on Nasdaq Stockholm. Founded in Stockholm in 2010, iZettle reported its a mission to help small businesses succeed by revolutionizing mobile payments with… Read More

May 8, 2018 @ 9:37 am By Samantha Hurst  |  

LATTICE80 announced on Tuesday it is currently planning to launch Crypto Exchange exclusively for institutional investors. According to LATTICE80, the new exchange will be catered to Institutional Investors and it will have a market-making engine to provide liquidity to other exchanges and funds. While sharing more details… Read More

May 4, 2018 @ 11:29 am By Samantha Hurst  |  

CredoLab, a Singapore-based fintech provider of mobile-based alternative credit scoring solutions for banks, consumer finance companies, and retailers, announced on Thursday it secured a $1 million investment from established global venture capital firm Walden International. Established in 2016, CredoLab is headquartered in Singapore was previously backed… Read More

May 4, 2018 @ 9:28 am By Samantha Hurst  |  

HCS Capital Partners, a Miami-based private equity and operating firm, announced on Thursday it has completed a $1 million investment in Chilean-based fintech Ceptinel. The company reported that this new investment represents its third investment of 2018, with the recent investments in Figo Pet Insurance… Read More

May 3, 2018 @ 1:00 pm By Samantha Hurst  |  

Fintech firm FIS, along with The Venture Center, announced on Thursday the ten startups that were selected for the 2018 Fintech Accelerator Program. The program, which is sponsored by FIS and the State of Arkansas, is focused on identifying and accelerating the development of early-stage fintech… Read More

May 2, 2018 @ 3:35 pm By Samantha Hurst  |  

On Tuesday, fintech Quovo announced it is officially expanding into Canada with partial support by an investment from its partners at Portag3 Ventures. This news comes less than a month after Quovo rolled out new products to improve its lending value chain. While sharing details… Read More

May 2, 2018 @ 1:09 pm By Samantha Hurst  |  

The Monetary Authority of Singapore (MAS) announced on Tuesday that the third edition of the Singapore Fin Festival will be held on November 12th through the 16th. The organization reported that this year’s festival will include two new “elements,” which are the following: ASEAN FinTech Showcase:… Read More

April 30, 2018 @ 1:39 pm By Samantha Hurst  |  

The Intellectual Property Office of Singapore (IPOS) announced last week the launch of the country’s new Fintech Fast Track initiative in order to accelerate patent application-to-grant processing. According to the organization, the initiative expedites patent application-to-grant process for fintech inventions and fintech patents can be expected to… Read More